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Ondas (ONDS) Positioned to Capitalize on Increased Military Budget

Ondas Inc. (NASDAQ:ONDS) is one of the 7 best unmanned aerial vehicle stocks to buy now.

On March 26, Maxim increased its price target on Ondas Inc. (NASDAQ:ONDS) from $16 to $22 while maintaining a Buy rating on the stock. The company is in an advantageous position to benefit from an increased military budget and the requirement for independent solutions for defense with its global system of systems approach. The firm also stated that Ondas currently has enough cash to sustain its operations until 2028, when it would reach its breakeven point.

Alexey Yuzhakov/Shutterstock.com

On March 23, Ondas Holdings Inc. (NASDAQ:ONDS) announced $50.7 million in revenue, far more than the $7.2 million made last year. CEO Eric Brock stated that 2025 was a real turning point for the company. Things took off after the company was able to successfully combine all its different technologies into a single platform.

The greatest achievement was made possible through Ondas Autonomous Systems, which was the impetus for the company’s greatest performance to date. Brock also noted that the company started 2026 with a growing backlog and more momentum than ever before.

The company closed 2025 with over $1.5 billion in pro forma cash on hand, giving the team the power to grow operations continuously and take advantage of new opportunities. Long-term value creation remains the focus as the company plans to execute its strategy to drive sustained growth.

Ondas Inc. (NASDAQ:ONDS) develops and sells private wireless networks, autonomous drones, and automated data solutions and platforms through its two segments, i.e., Ondas Networks and Ondas Autonomous Systems. Its offerings include FullMAX, FullMAX SDR, Optimus, Insightful, and Raider, which have mission-critical applications.

While we acknowledge the risk and potential of ONDS as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than ONDS and that has 10,000% upside potential, check out our report about this cheapest AI stock.

READ NEXT: 33 Stocks That Should Double in 3 Years and 15 Stocks That Will Make You Rich in 10 Years.

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